FPX Nickel Corp (FPX) — Working Capital to Net Assets Ratio

Latest as of September 2025: 31.6%

FPX Nickel Corp (FPX) has a Working Capital to Net Assets ratio of 31.6% as of September 2025. Working capital of CA$22.17 Million (current assets of CA$24.81 Million minus current liabilities of CA$2.64 Million) is measured against net assets of CA$70.14 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is FPX Nickel Corp's balance sheet to measure how much of total assets are equity-financed.

WC/NA Ratio

31.6%
Working Capital / Net Assets

Working Capital

CA$22.17 Million
CAD

Current Assets

CA$24.81 Million
CAD

Current Liabilities

CA$2.64 Million
CAD

FPX Nickel Corp Working Capital to Net Assets (1996–2024)

This chart shows how FPX Nickel Corp's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 31.6%, reflecting working capital of CA$22.17 Million against net assets of CA$70.14 Million CAD. Check FPX tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for FPX Nickel Corp (1996–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for FPX Nickel Corp from 1996 to 2024, covering 29 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market cap of FPX Nickel Corp.

Year WC/NA Ratio Working Capital (CAD) Net Assets Current Assets Current Liabilities Change (pp)
2024 46.9% CA$34.27 Million CA$73.06 Million CA$36.80 Million CA$2.53 Million ▼ -2.9 pp
2023 49.8% CA$28.66 Million CA$57.57 Million CA$29.77 Million CA$1.12 Million ▲ +2.0 pp
2022 47.7% CA$19.84 Million CA$41.55 Million CA$20.49 Million CA$654.49K ▼ -3.7 pp
2021 51.5% CA$15.32 Million CA$29.77 Million CA$15.86 Million CA$536.81K ▲ +6.5 pp
2020 45.0% CA$5.70 Million CA$12.68 Million CA$5.92 Million CA$215.01K ▼ -2.4 pp
2019 47.4% CA$1.57 Million CA$3.31 Million CA$1.80 Million CA$236.15K ▼ -1.0 pp
2018 48.4% CA$1.36 Million CA$2.81 Million CA$1.52 Million CA$157.99K ▲ +25.7 pp
2017 22.6% CA$649.55K CA$2.87 Million CA$797.70K CA$148.15K ▲ +10.9 pp
2016 11.8% CA$194.70K CA$1.65 Million CA$499.50K CA$304.80K ▼ -7.3 pp
2015 19.1% CA$309.06K CA$1.62 Million CA$914.62K CA$605.55K ▼ -30.9 pp
2014 49.9% CA$1.92 Million CA$3.84 Million CA$1.96 Million CA$46.27K ▲ +1.1 pp
2013 48.8% CA$3.72 Million CA$7.63 Million CA$3.79 Million CA$64.75K ▼ -10.7 pp
2012 59.5% CA$4.70 Million CA$7.90 Million CA$4.84 Million CA$134.39K ▼ -9.7 pp
2011 69.2% CA$7.67 Million CA$11.08 Million CA$7.72 Million CA$52.22K ▲ +5.6 pp
2010 63.6% CA$6.94 Million CA$10.92 Million CA$7.08 Million CA$136.42K ▲ +47.9 pp
2009 15.7% CA$675.40K CA$4.30 Million CA$774.27K CA$98.87K ▲ +15.0 pp
2008 0.7% CA$22.66K CA$3.07 Million CA$101.20K CA$78.54K ▼ -2.1 pp
2007 2.8% CA$118.95K CA$4.22 Million CA$176.27K CA$57.32K ▼ -9.1 pp
2006 12.0% CA$772.88K CA$6.46 Million CA$833.03K CA$60.16K ▲ +9.4 pp
2005 2.6% CA$125.68K CA$4.91 Million CA$245.86K CA$120.18K ▼ -0.2 pp
2004 2.8% CA$124.24K CA$4.46 Million CA$160.25K CA$36.01K ▼ -33.0 pp
2003 35.8% CA$1.92 Million CA$5.36 Million CA$1.93 Million CA$16.78K ▲ +9.2 pp
2002 26.6% CA$1.02 Million CA$3.85 Million CA$1.03 Million CA$7.10K ▲ +21.5 pp
2001 5.0% CA$127.29K CA$2.53 Million CA$227.86K CA$100.58K ▼ -11.0 pp
2000 16.0% CA$363.71K CA$2.27 Million CA$437.42K CA$73.70K ▲ +3.5 pp
1999 12.6% CA$214.67K CA$1.71 Million CA$241.60K CA$26.93K ▼ -17.0 pp
1998 29.5% CA$486.63K CA$1.65 Million CA$500.57K CA$13.94K ▼ -16.8 pp
1997 46.4% CA$924.69K CA$1.99 Million CA$953.54K CA$28.85K ▼ -47.1 pp
1996 93.5% CA$2.58 Million CA$2.76 Million CA$2.73 Million CA$145.13K —
pp = percentage points